Alibaba Bets $3.6B On Chinese Online Grocery Sun Art Retail Group
Alibaba Bets $3.6B On Chinese Online Grocery Sun Art Retail Group
October 19, 2020  |  Partnerships / Acquisitions

In a quest to dominate online food shopping in China, Alibaba invested $3.6 billion for a controlling stake in the hypermarket operator Sun Art Retail...

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JPMorgan Chase Launches 401(k) Solution For SMBs
JPMorgan Chase Launches 401(k) Solution For SMBs
October 19, 2020  |  B2B Payments

J.P. Morgan Chase has announced a new program called Everyday 401K by J.P. Morgan to help smaller clients prepare for retirement, a press release says....

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Citizens Bank Working With CheckAlt On Lockbox Processing
Citizens Bank Working With CheckAlt On Lockbox Processing
October 19, 2020  |  B2B Payments

CheckAlt, which provides lockbox and treasury management services, is now working with Florida’s Citizens Bank & Trust to provide the aforementioned services, a press release...

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Mastercard’s Track Card To Account Transfer Streamlines B2B Payments
Mastercard’s Track Card To Account Transfer Streamlines B2B Payments
October 19, 2020  |  B2B Payments

Mastercard has added new B2B payment features in the Asia Pacific, intending to bolster its services for businesses looking for diverse payments methods, a press...

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Global Chains Snap Up Distressed Independent Hotels In Africa
Global Chains Snap Up Distressed Independent Hotels In Africa
October 19, 2020  |  Travel Payments

Despite the economic damage inflicted by the pandemic, hoteliers expect sub-Saharan Africa to remain a hot market for big-time lodging development, the Wall Street Journal...

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Global Processing Services Nets Visa Investment For Expansion
Global Processing Services Nets Visa Investment For Expansion
October 19, 2020  |  Investments

Global Processing Services (GPS), the payments issuer processor, has a new strategic investment from Visa to help GPS launch new products and continue expanding, according to...

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2021: The Year Business Payments Go Digital And Lose The Paper Check
2021: The Year Business Payments Go Digital And Lose The Paper Check
October 19, 2020  |  B2B Payments

The shift away from legacy payments processes was well underway before the pandemic, but COVID-19 is creating fresh urgency to move to cloud-based digitized systems,...

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Cedar CEO: Paper Forms And ‘Clunky’ Medical Bills Won’t Exist In 2025
Cedar CEO: Paper Forms And ‘Clunky’ Medical Bills Won’t Exist In 2025
October 19, 2020  |  Digital Payments

It’s hard to think of any business that has more unhappy customers and unpaid bills than healthcare. It’s a problem that literally impacts some people’s health,...

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Turning Loyalty Points Into Digital Currency For Latin American Consumers
Turning Loyalty Points Into Digital Currency For Latin American Consumers
October 19, 2020  |  Loyalty & Rewards

When performing at their highest and best level, the various rewards points offerings designed by card issuers can be very sticky engagement tools for consumers,...

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